Here’s what you need to know about Form 1095-A before you file 2018 taxes
Revealed on March 7, 2019
If anybody in your family had Market medical health insurance in 2018, you need to have already obtained Form 1095-A, Health Insurance Marketplace® Statement, within the mail.
Earlier than you file: 3 issues to find out about Kind 1095-A
- In case you can’t discover your 1095-A, examine on-line. In case your kind didn’t come by mail or you possibly can’t discover it, examine your on-line Market account. If you observe these steps, be sure you select your 2018 software, not your 2019 software.
- Earlier than you file, be certain that your 1095-A is appropriate. Examine primary well being plan and family member info, and confirm the premium in your . In case you discover errors, contact the Marketplace Call Center. Don’t file your taxes till you could have an correct kind.
- You’ll use the data out of your 1095-A to “reconcile” your premium tax credit score. After getting an correct 1095-A and second lowest value Silver plan premium, you’re able to fill out Kind 8962, Premium Tax Credit score, and “reconcile.” You’ll evaluate the quantity you utilized in 2018 to decrease your month-to-month insurance coverage cost with the precise premium tax credit score you qualify for based mostly in your remaining 2018 earnings. Get a step-by-step guide to reconciling.
